SEC Form 4 · accession 0001127602-18-013946
WESTAMERICA BANCORPORATION · WABC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis R Hansen
Officer — SVP/Systems & Operations Mgr.
Period of report
Feb 26, 2018
Accepted (ET)
Apr 4, 2018 · 2:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000311094
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 26, 2018 | G | 40 | $0.00 | A | 3,691 | D | |
| Common StockF2 | Apr 2, 2018 | F | 1,371 | $58.455 | D | 2,320 | D | |
| Common Stock | holding | — | — | — | 14,780 | I | Deferred | |
| Common Stock | holding | — | — | — | 30,099 | I | Esop |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were gifted to the reporting person as part of the issuer's award program for all employees that reward longevity. Shares are gifted to each employee as they reach their tenth anniversary, fifteenth anniversary, etc.
- F2Of the 2,630 Resticted Performance Shares that vested and was reported in January 2018, 1,371 shares were withheld to pay for the tax liability.